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FURNISHED. NEW ROOF. NEW AC. New Pavered Back Lanai. New Gutters. Sarasota boating affordability is rapidly becoming one of the most searched lifestyle trends among active adults looking near Siesta Key, with buyers consistently asking if there is a move in ready 55+ villa that offers marina access and an active coastal lifestyle without the premium of direct Gulf frontage. This recently updated two bedroom, two bath villa in Strathmore Riverside Villas answers that question with a rare combination of comfort, boating convenience, and low maintenance living in one of Sarasota’s most established waterfront communities. Positioned on a quiet interior side street just a short walk to the clubhouse, pool, and protected marina, the setting offers mature landscaping, manicured green space, and a strong sense of pride in ownership that defines this socially active neighborhood. Inside, the layout reflects what today’s downsizing and seasonal buyers prioritize: impact rated windows for storm protection and energy efficiency, elegant shutters for light control and privacy, stone countertops, solid wood cabinetry, and an open kitchen that connects seamlessly to the living area and den. Natural light fills the interior, while greenbelt views create privacy and a peaceful backdrop rarely found in attached villa living. Boating access remains the defining feature driving interest in Sarasota boating affordability, and the community’s protected marina offers first come, first served boat slips with water and electricity at a remarkably low annual rate, providing convenient access to Sarasota’s waterways for fishing, cruising, and sunset outings without the maintenance responsibilities of private waterfront ownership. As inventory in affordable boating communities near Siesta Key continues to tighten, properties within established 55+ neighborhoods with marina privileges are seeing increased attention from snowbirds seeking both value and lifestyle. Location further strengthens long term desirability, with Siesta Key Beach just minutes away, offering world renowned quartz sand shoreline, waterfront dining, and vibrant coastal atmosphere that enhances everyday living. Nearby shopping, restaurants, medical facilities, and cultural attractions add convenience that supports both seasonal and full time residency. The community clubhouse anchors an active social calendar with event space, gatherings, fitness options, and shared amenities that encourage connection and engagement, an increasingly important factor for buyers relocating to Sarasota or transitioning into retirement. Association managed exterior maintenance reinforces the lock and leave appeal, allowing residents to focus on boating, beach days, and social activities rather than property upkeep. In today’s market, Sarasota boating affordability centers on smart coastal living that blends marina access, updated interiors, engaged 55+ community life, and proximity to Siesta Key, and this move in ready villa embodies those trends within one of Sarasota’s most desirable waterfront settings.
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NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $224,000 | $224,000 | $224,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.395% | 6.520% | 5.900% |
| Monthly Tax Payment | $220 | $220 | $220 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,343 | $1,397 | $1,845 |
| Total Monthly Payment | $1,638 | $1,692 | $2,140 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.